Food is going up. WAY up.

[techs]

http://www.huffingtonpost.com/2012/08/02/us-drought-2012-disaster-areas_n_1731393.html

U.S. Drought 2012: Half Of Nation's Counties Now Considered Disaster Areas

The U.S. Department of Agriculture's addition of the 218 counties means that more than half of all U.S. counties – 1,584 in 32 states – have been designated primary disaster areas this growing season, the vast majority of them mired in a drought that's considered the worst in decades.



I still remember the meat boycott of 1973 due to high prices. I think that by next spring those high prices are going to look cheap.

 

[SunnyD]

Best part about it is next year, they're not going to come back down even if there's no drought. PROFIT!

 

[Keeper]

So true.... I am in purchasing... And buy many products naturally derived...
I see prices of palm go up 40%.... So my prices go up 40%.......
Palm softens..... By 20% Prices drop by 15%...


Its a way of LIFE....

 

[techs]

Best part about it is next year, they're not going to come back down even if there's no drought. PROFIT!

You're pretty cynical. Didn't hard drive prices come down to what they were before once manufacturing was restored after the flood? Oh wait, I see your point.

I'm thinking you will need a loan to have a barbecue next summer.

 

[darkewaffle]

I had no idea it was this bad, we've actually gotten what feels like quite a lot of rain this year in PA.

And oh wow the comments on that article. Hurts my head.

 

[NikolaeVarius]

GLOBAL WARMING!! WE DIDN'T LISTEN!


http://www.southparkstudios.com/clips/103844/we-didnt-listen

 

[Saint Nick]

And oh wow the comments on that article. Hurts my head.

This one was my favorite:

Let's see: true unemployment is over 20%, the Fed refuses to do its job, and weather modification is never discussed. Must be a coincidence.

*dons tin foil hat* :ninja:

Anyways...on topic w/ thread. Here in Nebraska corn and soybean crops look TERRIBLE. Which means less food for cows/pigs...which means less delicious steak and bacon :O

 

[SunnyD]

You're pretty cynical. Didn't hard drive prices come down to what they were before once manufacturing was restored after the flood? Oh wait, I see your point.

I'm thinking you will need a loan to have a barbecue next summer.

Nope. They're still about 50-100% what they were pre-flood.

For example, you could easily pick up 1TB (albeit green/storage) drives on sale for about $39.99-$49.99 pre-flood. Looking on newegg, just for a quick pass, the cheapest 1TB drive is $89.99.

Yes, they have come down about 50% since the top of the flood season, but still, they're quite a bit more expensive than they were.

And yes, I am quite cynical. But it's quite proven how the market works. It's the same reason a 5.5oz bag of Lay's potato chips has a MSRP of $1.99 now when it used to be a 6.5oz bag for $1.49 just a couple years ago and a 7.5oz bag for $0.99 not even a decade ago. Wait, no, that's a different reason. But with the same results - because us as consumers are willing to take it up the ass like that.

 

[dmcowen674]

Food is going up. WAY up.

http://www.huffingtonpost.com/2012/08/02/us-drought-2012-disaster-areas_n_1731393.html

U.S. Drought 2012: Half Of Nation's Counties Now Considered Disaster Areas

The U.S. Department of Agriculture's addition of the 218 counties means that more than half of all U.S. counties – 1,584 in 32 states – have been designated primary disaster areas this growing season, the vast majority of them mired in a drought that's considered the worst in decades.



I still remember the meat boycott of 1973 due to high prices. I think that by next spring those high prices are going to look cheap.

Good things can come of it.

America is fat and could use a slimming down.

Americans are complacent lazy asses as evidenced by posts here, if they get fed up, maybe they will go after the source of their ills, the Corporate heads that own the Politicians.

 

[lxskllr]

I don't expect it'll affect me so much. The most drastic price increases will be with meat, and I don't eat much meat. Dairy could be an issue though. I should probably start hording cheese :^/

 

[SunnyD]

On a side note, I have about 90lbs of beef in my freezer already. I'm good. 🙂

 

[Rakewell]

Nope. They're still about 50-100% what they were pre-flood.

For example, you could easily pick up 1TB (albeit green/storage) drives on sale for about $39.99-$49.99 pre-flood. Looking on newegg, just for a quick pass, the cheapest 1TB drive is $89.99.

Yes, they have come down about 50% since the top of the flood season, but still, they're quite a bit more expensive than they were.

And yes, I am quite cynical. But it's quite proven how the market works. It's the same reason a 5.5oz bag of Lay's potato chips has a MSRP of $1.99 now when it used to be a 6.5oz bag for $1.49 just a couple years ago and a 7.5oz bag for $0.99 not even a decade ago. Wait, no, that's a different reason. But with the same results - because us as consumers are willing to take it up the ass like that.

You're definitely not cynical, it's how the market works. Corporations have been taking advantage of natural disasters in this way for years.

 

[Chiropteran]

Stock up on ramen noodles.

 

[gorcorps]

So true.... I am in purchasing... And buy many products naturally derived...
I see prices of palm go up 40%.... So my prices go up 40%.......
Palm softens..... By 20% Prices drop by 15%...


Its a way of LIFE....

Is your period button broken? It seems to register multiple times when you only need to hit it once.

 

[SunnyD]

You're definitely not cynical, it's how the market works. Corporations have been taking advantage of natural disasters in this way for years.

The best part about all this is - is your cost of living adjustment (aka raise) next year going to keep up with all this, if at all?

I get 2% per year at best if I don't job hop. That would be a big, fat, FUCK NO. I'm in the hole even before I start.

 

[techs]

Good things can come of it.

America is fat and could use a slimming down.

The sad part is that Americans will probably give up fruits and veggies if prices go up and replace those foods with cheaper fats and processed carbs.

 

[SMOGZINN]

The best part about all this is - is your cost of living adjustment (aka raise) next year going to keep up with all this, if at all?

It has been a really long time since I've seen a greater then 1% COL raise, I don't know if we will get one at all this year.

The sad part is that Americans will probably give up fruits and veggies if prices go up and replace those foods with cheaper fats and processed carbs.

This is exactly what will happen. Fresh foods is what is going to raise in price the most. Combine the lack of COL adjustments and the increasing costs of fresh foods and soon we will all be forced to eat processed grains or grow our own.

 

[ViviTheMage]

my GF is a buyer at whole foods (specifically fresh produce), she hasn't said anything to insane with prices... maybe we're not having issues locally in Minnesota?

 

[NikolaeVarius]

my GF is a buyer at whole foods (specifically fresh produce), she hasn't said anything to insane with prices... maybe we're not having issues locally in Minnesota?

Whole Food prices are already inflated enough that I doubt they'll notice much.

 

[darkxshade]

So what crops are getting hit by this? I don't know much about agriculture cept that they make a lot of corn. When will prices begin to rise(which season?)

 

[wirednuts]

my GF is a buyer at whole foods (specifically fresh produce), she hasn't said anything to insane with prices... maybe we're not having issues locally in Minnesota?

the food that is damaged this summer hasnt been harvested yet, let alone distributed while current supplies dwindle.

the price hikes will hit late fall and through next summer. and like others said, even if we have a good crop next year we wont see cheap prices until at least 2 more years and likely never.

the free market is going to charge everyone into socialism. go republicans

 

[techs]

so what crops are getting hit by this?

From what I have read corn and soybeans. And they have already gone way up in price and we will see these higher prices within about a month in the stores.

But depending on what happens with the harvests around the world, we could possibly be looking at prices that are sky high.

 

[wirednuts]

so what crops are getting hit by this?

most of the corn and soybean in the midwest, at least. thats what ive seen first hand. we grow and export more then anyone in the world too... so yeah, it looks scary.

 

[wirednuts]

From what I have read corn and soybeans. And they have already gone way up in price and we will see these higher prices within about a month in the stores.

But depending on what happens with the harvests around the world, we could possibly be looking at prices that are sky high.

yeah, and what we dont export we use for feed. thats why the prices of meat will go up.

 

[darkxshade]

most of the corn and soybean in the midwest, at least. thats what ive seen first hand. we grow and export more then anyone in the world too... so yeah, it looks scary.

So I guess if I don't eat a lot of corn products, I should be safe? Easier said than done though. 😛